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Posts Tagged ‘Juwan Howard’

Celtics Deal with CSNNE Includes Equity Stake

The Boston Celtics are reportedly on the verge of becoming the latest team to acquire an equity stake in the television station that broadcasts their games, as Sports Business Journal is reporting the team is preparing to extend the current broadcasting rights with Comcast SportsNet New England through the 2038 season while acquiring equity that could amount to a 20 percent share of the company.

The Celtics currently earn between $15 million and $20 million per year in rights fees from CSNNE, an average that is expected to rise significantly in a new deal.

The two sides first started talking about a long-term deal a year ago. Sources said that talks heated up just before the Los Angeles Lakers blockbuster 25-year RSN deal with Time Warner Cable was announced in February. That deal averages $200 million per year. Serious negotiations between the Celtics and Comcast then ensued this spring under the shadow of the league’s labor uncertainty.

The lockout has not cooled negotiations, but a formal agreement would probably not be announced until the labor unrest has ended.

The Houston Astros and Rockets own a combined 80 percent of CSN Houston, while the San Francisco Giants hold a 30 percent stake in CSN Bay Area. In Chicago, the White Sox, Cubs, Bulls and Blackhawks hold a combined 70 percent stake of CSN Chicago.

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Despite Final Four, Jay Bilas Stands By His VCU Hate

Jay Bilas was serious when he said Virginia Commonwealth University shouldn’t be in the NCAA Tournament.

The ESPN analyst spoke to Michael Hiestand of USA Today and he still thinks the Rams aren’t worthy, despite advancing to the Final Four:

“He still doesn’t think VCU, in the Final Four, deserved to be in the tournament.

The night the NCAA field was announced, Bilas led an on-air ESPN chorus – with Dick Vitale and Hubert Davis – arguing left-out teams such as Virginia Tech and Colorado should have been in before VCU and Alabama at Birmingham. Their inclusion, he said, failed “the laugh test.” Read more

Let’s Not Fall All Over Ourselves Calling Cliff Lee A Working-Class Hero

Monday night, Cliff Lee shocked the world by announcing he was spurning millions offered by the New York Yankees and the Texas Rangers to rejoin a Philadelphia Phillies squad he led to the World Series before departing on terms that were less than Brotherly Love.

The pitcher agreed to a five-year, $120 million contract, a dollar figure that’s somewhere between 20 and 30 percent less than what the Yankees and Rangers offered. SI.com’s Joe Lemire wants to make him a saint.

“And the notion of baseball-player-as-mercenary has taken a hit, as a man who could have made history with the second-largest contract ever given to a pitcher instead rejected that offer to play where he felt most comfortable. It’s a move surely to be wildly popular not just among Philadelphia fans but also throughout baseball – except, of course, in Texas and New York, who are now scrambling for backup plans.”

On one hand, sure. On the other, please, please spare us.

Pardon our Scott Boras-inflected French, but $120 million is still a sh*tload of money. Will Lee’s choice bother people in the Bronx and Arlington? Of course. But will it alter the paradigm of baseball players choosing money over a “good situation?” Heck no. And will it alter the perception of fans? Not even a little bit.

Lee choose between making a ton of money and making a ton of money. Call us when he plays for free.